The Office of the U.S. Trade Representative on Tuesday issued a notice stating that an additional planned 10% tariff set to take effect on Sept. 1 on many imports from China will be delayed on some of those products until Dec. 15. The move was expected to provide relief to U.S. retailers and consumers ... READ MORE >
consumer
Despite strong consumer spending, higher costs bite into consumer margins
Even as trade disputes and other economic headwinds surface in 2019, the U.S. consumer has held strong and continues to fuel growth in the domestic economy, albeit at a slower pace than in recent years. Last Wednesday, the Federal Reserve cut the federal funds rate by 25 basis points. Another ... READ MORE >